COMPANY PROFILE

The document with the legal, economic, and administrative information of a Company

The document with the legal, economic, and administrative information of a Company

WHAT IS IT

In order to carry out an economic activity as a business (sole trader or company) in Italy it is compulsory to register with the Business Register held by the Chamber of Commerce in the province where the business is based. The Company Profile is an information document containing all the details regarding the business registered: it contains legal information and personal details regarding the business, its name, its legal form, its registered offices, its tax code, the type of activity it carries out and other elements relating to the administrative bodies and corporate positions.

THE DIFFERENT TYPES OF COMPANY PROFILE

The Company Profile may be ordinary, when it contains the current legal information, or historic, when it provides information on the past history of the business from its foundation until the present day.

THE DIFFERENT TYPES OF COMPANY PROFILE

It contains the personal, legal, economic and tax information for a business, as found in the Business Register. It contains data on the company, including references to registration, name, details, contacts, address of the registered office, PEC, registered office, tax code/VAT registration number, legal form, date of foundation, corporate aim and partnership capital, activities carried out, quality certificates, certifications, administrative positions, control positions and qualifications, corporate bodies, owners and partners with relevant quotas, registers, roles and licences, secondary offices and local units.

Historical company profile

It summarises all company details starting from its foundation. Thus, compared to the ordinary Company Profile, the Historical Company Profile also contains the history of changes that have taken place from original incorporation of the company until the time the report is requested (and, in any case, based on what has been filed with the Chamber of Commerce): it therefore indicates all the deeds registered and filed in the business register, and the reference statistics on the number of staff who have been employed by the

Company Registration Report

It is the equivalent, in English language, of the ordinary Company Profile, always prepared in accordance with the standard format and at the same cost. It can help Italian import-export companies to illustrate their activities to foreign State Administrations or Authorities, but also foreign companies that want information on Italian companies. With Company Registration Report it is avoided to the user any translation duty from the Italian version.

What is the purpose of the company profile?

The Company Profile guarantees that the business actually exists, and legally publicises all the documents that relate to it, allowing citizens to obtain specific information and assess its solidity.

Notarial Deeds

The Company Profile is necessary to support certain notarial deeds.

Activity of a business

The Company Profile is useful to verify the activity of a business (in operation, winding-up, under controlled administration, bankrupt, gone out of business, etc);

Administrative Body

With the Company Profile it is possible to identify the type of administrative body (sole director, board of directors, etc) and the names of the legal representatives and partners;

Powers of Managers

The Company Profile is useful to learn the powers of managers, the delegated powers and powers of attorney and signature and operation assigned to the corporate officers

Headquarters and local branches

The Company Profile is useful to identify the main headquarters, the operational headquarters and the secondary offices, together with the local units of a company.

Activity type

The Company Profile is useful to verify the type of activity, primary and/or secondary, for which the company was founded and operates.

Company certifications

The Company Profile, in the section "Activities, Registers, Roles and Licenses", shows any certifications regarding Quality, Environment and Safety.

Clients, Commercial Partners, Suppliers

The Company Profile is useful to obtain information on a new client, on a commercial partner or on a supplier, when assessing a lessee for a commercial lease, when assessing a construction company from whom you are about to purchase a building.

WHO NEEDS IT

To control the powers and restrictions of other companies with whom they are about to do business.

Accountants and notaries

When they have to draw up documents involving legal entities, but also individuals.

Anybody else

Who wishes to obtain publicly available information on companies and private individuals.

FREE YOUR COMPANY PROFILE

If you are the legal representative or the owner of your business, you can get free of charge the Company Profile of your company.

You must have SPID (Sistema Pubblico di Identità Digitale - Public System of Digital Identity) or CNS (Carta Nazionale dei Servizi - Services National Card), both tools released for free by Chambers of Commerce and which certify your identity by comparing it with the charge in the Business Register.

Value and Validity

The report provides information on the official details of any business, sole trader or collective enterprise, that is registered in the Business Register: however it does not have the value of a certificate, and cannot be invoked against third parties.

It is requested in cases where it is not mandatory to obtain the Company Registration Certificate and/or in cases where it is necessary to provide

the ATECO code assigned when reporting the start of business (this information is not present in the certificate). The Company Profile (ordinary or historic), as it is not a formally regulated document, does not have an expiry date. Clearly, its level of update depends on its date of issue.